Does this loan cover the entire cost of the two-wheeler?

Yes, the zero down payment two-wheeler loan usually covers the entire cost of the bike or scooter. This includes:

• The ex-showroom price of the two-wheeler: This base price set by the manufacturer is fully covered.
• Registration charges: The Regional Transport Office (RTO) registration fees are included in the loan amount.
• Insurance costs: The mandatory third-party and comprehensive bike insurance premium gets covered.
• Other accessories costs: You can also finance any additional accessories, extended warranties, or anti-theft devices you choose.
• Dealer processing fees: Charges like road tax, documentation fees, etc., charged by the dealer get funded.

So, in total, the 100% loan covers the entire on-road price of the two-wheeler without needing any instant payment from your end. This makes the two-wheeler purchase more affordable.

Once the loan agreement is completed, the amount will be paid directly to the dealer or seller. You can then ride home in your new two-wheeler without paying anything instantly.